Buying a commercial property is significantly different from investing in a residential project.
Saturday, 30 March 2013
Thursday, 7 March 2013
World Trade Center Manesar, Gurgaon
Finally, it's here!
WORLD TRADE CENTER finally announces their arrival to the National Capital Region of Delhi! The first World Trade Center in North India is now coming up at Manesar and is poised to be a business magnet for the entire region.
World Trade Center Manesar is a unique commercial development spread over a large area and is being developed as a integrated commercial-cum-residential complex and shall offer practically all the conveniences and facilities of a world class business destination. A catchment workforce of over 100,000 people employed with some of the top organizations including Honda, Denso, Maruti Suzuki, HCL, Bharti Airtel and numerous small and medium enterprises, the WTC at Manesar shall be a business address that adds the gilt edge to your business card.
About the Development
Spread over an area of 10 Acres
100 key Serviced Business Suites in the complex
Club and lounge with pool
Auditorium, expo & conferencing facilities
Ample and scalable parking
50,000 square feet of commercial space
Designated visitors parking areas
Loading dock with service areas
State of the art fire fighting and fire alarm systems
Security with CCTV and PA systems
Coordinated estate security with external driveways & access control
Convenience stores
24x7 cafe and food courts
Fine dining restaurants
ATMs and Banks
Gymnasium and health facilities
Travel Desks
Medical Services and Pharmacy
Communication and Business Services
Dedicated commuter service to the nearest metro station
The list simply goes on and on!
The World Trade Center at Manesar is sure to become a landmark property in a short time. As for the construction, like all World Trade Centers across the globe, the complex at Manesar is also path breaking. The entire development is a LEEDS Platinum certified green complex (certified in 2011), with energy and water conservation at its heart. The property was also commemorated with the 'Best International Office Development' Award by CNBC Arabia in the year 2009.
The Japanese have already taken a head start and one entire block has now been loosely christened as the 'Japanese Block'. The 'Signature Tower' is already host to summits and conventions at regular intervals.
World Trade Center Network
Since its inception in 1939, the World Trade Center network has grown in strength with each passing decade. Head quartered in New York, the network now comprises of office complexes across 330 cities in 100 countries and is serving over 1 million member companies!
- Of the total world trade of USD12 Trillion, an estimated USD 4 Trillion flows through WTCs
- Practically all the Fortune 500 companies have a presence in a WTC complex
- WTC buildings enjoy 25% lesser vacancy rates and 18% higher rental values on an average
The Opportunity
Investors and business owners can now book an office space of their own in the World Trade Center and gain access to the unparalleled network and strength of the WTC offices.
Fully furnished office spaces in sizes starting at just 500 square feet, buying your space in the WTC at Manesar-Gurgaon is actually really affordable. With an attractive payment plan that also offers assured returns until possession and in addition, also assures two years of rental returns post possession, the office investment is a highly lucrative investment.
Go right ahead, book your space with the elite and join the global-business-network!
Happy Investing! May the Best Investment Advice Win!!
WORLD TRADE CENTER finally announces their arrival to the National Capital Region of Delhi! The first World Trade Center in North India is now coming up at Manesar and is poised to be a business magnet for the entire region.
World Trade Center Manesar is a unique commercial development spread over a large area and is being developed as a integrated commercial-cum-residential complex and shall offer practically all the conveniences and facilities of a world class business destination. A catchment workforce of over 100,000 people employed with some of the top organizations including Honda, Denso, Maruti Suzuki, HCL, Bharti Airtel and numerous small and medium enterprises, the WTC at Manesar shall be a business address that adds the gilt edge to your business card.
About the Development
Spread over an area of 10 Acres
100 key Serviced Business Suites in the complex
Club and lounge with pool
Auditorium, expo & conferencing facilities
Ample and scalable parking
50,000 square feet of commercial space
Designated visitors parking areas
Loading dock with service areas
State of the art fire fighting and fire alarm systems
Security with CCTV and PA systems
Coordinated estate security with external driveways & access control
Convenience stores
24x7 cafe and food courts
Fine dining restaurants
ATMs and Banks
Gymnasium and health facilities
Travel Desks
Medical Services and Pharmacy
Communication and Business Services
Dedicated commuter service to the nearest metro station
The list simply goes on and on!
The World Trade Center at Manesar is sure to become a landmark property in a short time. As for the construction, like all World Trade Centers across the globe, the complex at Manesar is also path breaking. The entire development is a LEEDS Platinum certified green complex (certified in 2011), with energy and water conservation at its heart. The property was also commemorated with the 'Best International Office Development' Award by CNBC Arabia in the year 2009.
The Japanese have already taken a head start and one entire block has now been loosely christened as the 'Japanese Block'. The 'Signature Tower' is already host to summits and conventions at regular intervals.
World Trade Center Network
Since its inception in 1939, the World Trade Center network has grown in strength with each passing decade. Head quartered in New York, the network now comprises of office complexes across 330 cities in 100 countries and is serving over 1 million member companies!
- Of the total world trade of USD12 Trillion, an estimated USD 4 Trillion flows through WTCs
- Practically all the Fortune 500 companies have a presence in a WTC complex
- WTC buildings enjoy 25% lesser vacancy rates and 18% higher rental values on an average
The Opportunity
Investors and business owners can now book an office space of their own in the World Trade Center and gain access to the unparalleled network and strength of the WTC offices.
Fully furnished office spaces in sizes starting at just 500 square feet, buying your space in the WTC at Manesar-Gurgaon is actually really affordable. With an attractive payment plan that also offers assured returns until possession and in addition, also assures two years of rental returns post possession, the office investment is a highly lucrative investment.
Go right ahead, book your space with the elite and join the global-business-network!
Happy Investing! May the Best Investment Advice Win!!
Buying Property in Gurgaon - The Changing Dynamics
Dwarka Expressway has largely become synonymous with property investments and there is ample reason to come to this conclusion. With practically a project or two a month, this 18km long stretch of 150m wide road has given rise to a very large pool of investment worthy lands and developers have been quick to lap it all up!
Some of the top developers with excellent investment options on Dwarka Expressway include Emaar MGF, Tata Housing, Sobha Developers, 3C Company, Experion Developers, Bestech Group, Vatika Housing, Adani M2K and Puri Constructions, all have the best of their concepts and developments already announced and in various stages of development.
While there is frantic construction activity underway, there is a need for the investors and end users to be cautious with their investment decisions in the current scenario. Consider this, the prices for a new project on Dwarka Expressway have already escalated to cross the five figure mark and pricing for some of the projects is now as high as Rs.11,500/- per square foot! It is interesting to note that the prices for some of the older projects (launched about six to eight months ago) are still lagging behind and are yet to catch up with the new prices that seem to have become the new normal. The gap in some cases is as high as 30%!
As an investor, it is extremely critical to be aware of the resale market trends while keeping track of the original bookings market as well. In projects where the resale prices are significantly lower than the original booking rates, pause and consider buying in resale and this could potentially save you lacs of rupees of your hard earned money.
Another aspect that is more than apparent is the change in the budgets that an investor must have available to be able to participate in the Gurgaon Residential Real Estate market. While it was possible just a couple of years ago to buy a good apartment in a budget of 30 to 40 lacs; a two bedroom apartment in a decent new development is nothing less than a crore of rupees today. This has created an unprecedented situation where the profile of the buyers of properties in Original Bookings has seen a significant shift already. Only the well heeled are today in a position to buy the new launch projects in Gurgaon and the investors/end users with smaller, more modest budgets are now forced to consider the next best options of Dharuhera, Bhiwadi, Sohna, Manesar and Neemrana for the need to own property.
Significantly, the commercial property market in Gurgaon has also seen improvements in uptake of new projects due to the same reason - lower entry costs and manageable budgets! Several developers have launched commercial properties in prime locations in Gurgaon and are offering shops, office spaces, serviced apartments, studio apartments and even food court spaces. An investment in these upcoming projects starts at a much lower ticket size than the residential counterparts!
Now, with all these strong under currents of fewer investment options, resurgence of resale market, extra large budget requirements and higher capital exposures, there is a dire need for 'not-the-traditional' brokers who understand the client profile, risk appetite and holding capacities before selling a property to the buyers. Never before has investing in property been so alike and similar to buying a financial product from a bank. Skilled property consultants (not typical property brokers) are the need of the hour in Gurgaon to save the lesser informed property buyers. Ethics, transparency and knowledge have never been so important earlier!
Happy Investing! May the Best Investment Advice Win!!
Some of the top developers with excellent investment options on Dwarka Expressway include Emaar MGF, Tata Housing, Sobha Developers, 3C Company, Experion Developers, Bestech Group, Vatika Housing, Adani M2K and Puri Constructions, all have the best of their concepts and developments already announced and in various stages of development.
While there is frantic construction activity underway, there is a need for the investors and end users to be cautious with their investment decisions in the current scenario. Consider this, the prices for a new project on Dwarka Expressway have already escalated to cross the five figure mark and pricing for some of the projects is now as high as Rs.11,500/- per square foot! It is interesting to note that the prices for some of the older projects (launched about six to eight months ago) are still lagging behind and are yet to catch up with the new prices that seem to have become the new normal. The gap in some cases is as high as 30%!
As an investor, it is extremely critical to be aware of the resale market trends while keeping track of the original bookings market as well. In projects where the resale prices are significantly lower than the original booking rates, pause and consider buying in resale and this could potentially save you lacs of rupees of your hard earned money.
Another aspect that is more than apparent is the change in the budgets that an investor must have available to be able to participate in the Gurgaon Residential Real Estate market. While it was possible just a couple of years ago to buy a good apartment in a budget of 30 to 40 lacs; a two bedroom apartment in a decent new development is nothing less than a crore of rupees today. This has created an unprecedented situation where the profile of the buyers of properties in Original Bookings has seen a significant shift already. Only the well heeled are today in a position to buy the new launch projects in Gurgaon and the investors/end users with smaller, more modest budgets are now forced to consider the next best options of Dharuhera, Bhiwadi, Sohna, Manesar and Neemrana for the need to own property.
Significantly, the commercial property market in Gurgaon has also seen improvements in uptake of new projects due to the same reason - lower entry costs and manageable budgets! Several developers have launched commercial properties in prime locations in Gurgaon and are offering shops, office spaces, serviced apartments, studio apartments and even food court spaces. An investment in these upcoming projects starts at a much lower ticket size than the residential counterparts!
Now, with all these strong under currents of fewer investment options, resurgence of resale market, extra large budget requirements and higher capital exposures, there is a dire need for 'not-the-traditional' brokers who understand the client profile, risk appetite and holding capacities before selling a property to the buyers. Never before has investing in property been so alike and similar to buying a financial product from a bank. Skilled property consultants (not typical property brokers) are the need of the hour in Gurgaon to save the lesser informed property buyers. Ethics, transparency and knowledge have never been so important earlier!
Happy Investing! May the Best Investment Advice Win!!
Subscribe to:
Posts (Atom)